NEW YORK--(BUSINESS WIRE)--Jan 12, 2026--
Global Critical Resources Corporation (GCR) today announced the appointment of Matthieu Bos as a Member of its Advisory Board. Mr. Bos is a seasoned executive with more than fifteen years of experience in the mining and banking industries.
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Mr. Bos is currently the President and Chief Executive Officer of Falcon Energy Materials Plc (TSX: FLCN) (Falcon), an anode material development company. Backed by La Mancha Fund, Falcon is building a battery material plant in the Kingdom of Morocco.
Prior to joining Falcon, Mr. Bos served as Executive Vice President Africa of Ivanhoe Mines (TSX:IVN) (Ivanhoe), a leading Canadian diversified mining company which has developed the Kamoa-Kakula Copper Project in the Democratic Republic of Congo. His responsibilities included corporate development, investor relations, concentrate marketing, and government relations. Mr. Bos also helped Ivanhoe secure more than $3 billion in financing and investment. Mr. Bos began his career in the metals and mining group of BMO Capital Markets.
Mr. Bos also has an impressive track record of advising companies in the natural resources sector. He will continue to serve on the board of Hercules Metals (TSX:BIG), an Idaho-focused copper exploration company, and SRQ Exploration (TSX:SRQ), a Quebec-focused nickel exploration company. Mr. Bos was previously Non-Executive Director at Elemental Altus Royalties, a precious metals royalty company which attracted the first investment in the mining sector from the Tether stablecoin, and Shanta Gold, an East African gold producer.
Mr. Bos holds a Master of Science degree in Metallurgy and a Bachelor of Science degree in Mining Engineering, both from the Delft University of Technology. He speaks Dutch, English, and French.
“We are excited to welcome Matthieu to our team. His considerable experience and track record of success in the mining industry across Africa and the world will help bring GCR to its next chapter of growth,” said GCR’s Executive Chairman Cevdet Caner.
GCR Chief Executive Officer Richard Bunning said, “Matthieu’s appointment demonstrates our commitment to building a world-class advisory team with deep technical, operational, and geopolitical expertise. His leadership and unique perspective will accelerate the execution of our strategic vision.”
Mr. Bos stated, “I am honored to join GCR’s Advisory Board at such a pivotal time for the company. I look forward to working with Cevdet, Richard, and rest of GCR’s first-class team as they create a strong foundation for long-term success in this critical industry.”
Global Critical Resources Corporation (GCR) is a U.S.-registered producer of the critical metals that power modern life with assets in Africa and South America. GCR’s Executive Chairman, Austrian entrepreneur Cevdet Caner, has over two decades experience investing in the mining and property sectors and is the founder of several multi-billion-dollar real estate and natural resource companies.
Matthieu Bos, Advisory Board Member, Global Critical Resources Corporation
NEW YORK (AP) — Stocks of credit card companies are dropping Monday after President Donald Trump threatened moves that could eat into their profits. The rest of Wall Street, meanwhile, was showing only modest signals of concern after tensions ramped to a much higher degree between the White House and the Federal Reserve.
The S&P 500 edged down by 0.1% from its all-time high as U.S. stocks drifted through mixed trading, while prices for gold and other investments that tend to do well when investors are nervous rose. The value of the U.S. dollar also dipped against other currencies amid some concern that the Fed may have less independence in setting interest rates to keep inflation under control.
The Dow Jones Industrial Average was down 151 points, or 0.3%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was down 0.1%.
Some of the stock market's sharpest drops hit credit card companies, as Synchrony Financial, Capital One Financial and American Express all fell between 5% and 9%. They sank after Trump said he wanted to put a 10% cap on credit card interest rates for a year. Such a move could eat into profits for credit card companies.
But it was a separate move by Trump that was grabbing more attention on Wall Street. Over the weekend, the Federal Reserve’s chair said the U.S. Department of Justice subpoenaed the Fed and threatened a criminal indictment over his testimony about renovations at its headquarters.
With an unusual video statement released on Sunday, Fed Chair Jerome Powell said his testimony and the renovations are “pretexts” for the threat of criminal charges, which is really “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.”
The Fed has been locked in a feud with Trump, who has loudly called for lower interest rates that would make borrowing cheaper for U.S. households and companies and could give the economy a kickstart. The Fed did lower its main interest rate three times last year and indicated more cuts may be arriving this year, but it’s moved deliberately enough that Trump has nicknamed Powell “Too Late.”
In a brief interview with NBC News Sunday, Trump insisted he didn’t know about the investigation into Powell. When asked if the investigation is intended to pressure Powell on rates, Trump said, “No. I wouldn’t even think of doing it that way.”
The Fed has traditionally operated separately from the rest of Washington, making its decisions without having to bend to political whims. Such independence, the thinking goes, gives it the freedom to keep interest rates high when necessary to drive down high inflation, even if it slows the economy and frustrate politicians looking to please voters.
In the bond market, the yield on the 10-year Treasury briefly reached 4.21%, up from 4.18% late Friday, amid concerns that a less independent Fed could mean higher inflation over the longer term. But it later eased back to 4.18%.
The worries also hit the value of the U.S. dollar, which slipped 0.4% against the euro and 0.4% against the Swiss franc.
A couple reasons could be behind markets shaking off the concerns about the Fed, including how it may ultimately play out for the best, according to Giuseppe Sette, president of Reflexivity, an AI investment analytics platform. Trump has already criticized the Fed sharply, and he's trying at the moment to fire Fed Gov. Lisa Cook, but the Fed's rate-setting committee still seems to be acting independently.
Plus, this latest move could encourage Powell to stay on at the Fed as a governor until his term expires in 2028, even though his term as chair will end in May, said Brian Jacobsen, chief economist at Annex Wealth Management.
“With the political pressure on the Fed, he may choose to stay on as a governor out of spite,” he said. "It would deprive President Trump of the ability to stack the board with another appointee."
On Wall Street, Abercrombie & Fitch dropped 17.4% after the retailer gave a forecasted range for profit in the final quarter of 2025 whose midpoint fell short of analysts' expectations. Its forecast for growth in revenue also fell shy of Wall Street's.
On the winning side of the market was Walmart, which rose 2.5% after learning that its stock will join the widely followed Nasdaq 100 index. Google also said Sunday that it's expanding the shopping features in its AI chatbot by teaming up with Walmart and several other big retailers.
The price of gold rose 3% to $4,635.40 per ounce and was heading toward another record.
In stock markets abroad, indexes rose across much of Europe and Asia. Stocks jumped 1.4% in Hong Kong and 1.1% in Shanghai for two of the world’s bigger gains following reports that Chinese leaders were preparing more help for the economy.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Traders work on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
James Lamb works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
Specialist Anthony Matesic works on the floor of the New York Stock Exchange, Thursday, Jan. 8, 2026. (AP Photo/Richard Drew)
Daniel Kryger works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
Dealers watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
A dealer walks near the screens showing the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
Dealers talk near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
A dealer walks near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
